Scottsdale, AZ, February 2, 2021 – Early Warning Services, LLC, the network operator behind Zelle®, today announced record payment volume and value in 2020 with 1.2 billion transactions, totaling $307 billion sent — an increase of 58% and 62% year-over-year, respectively. Four hundred and fifty-seven new financial institutions also joined the Zelle Network® in 2020.
Explore this report on the state of synthetic identity fraud to understand the trends, challenges, and countermeasures banks are deploying to fight it.
• Year-over-Year transaction values increased 54%; YoY transaction volume increased by 72% • Signed 139 regional banks and credit unions onto the Zelle Network® in Q1 2019
New and emerging banking technologies like same-day ACH offer speed and convenience for consumers. They also open the door to new fraud risks. Seeing a lucrative opportunity for theft, criminals are devising new tools for attacking modern payments...
The BBB Institute for Marketplace Trust (BBB Institute), the Better Business Bureau’s® educational foundation, is partnering with Zelle® to deliver a campaign focused on empowering people to spot the signs of payment scams. The campaign (BBB.org/Red-Flags) is live now and will run through the fall.
By: Chief Fraud Risk Management Officer Ben Chance, Early Warning Services
As temperatures heat up across the U.S., so does criminal activity.
At Early Warning Services, the network operator of Zelle®, our top priority is to provide a safe, reliable...
Zelle® and EVERFI Partner on Digital Financial Literacy Programs for High School Students Nationwide
Scottsdale, AZ
Early Warning Services, LLC, the company behind the popular Zelle® payments network, today announced a partnership with EVERFI, the leading social impact education technology company.
The partnership will provide more than 1,000 high...
San Francisco, CA
Person-to-person payments on clearXchange will be available to almost every debit card in the U.S.
Early Warning, the industry leader in real-time payments, authentication and risk mitigation, today announced it has signed an...